Velodrome V3
Decentralized exchange — earn fees by helping other people swap tokens.
100% on Ink · also on 0 other chains
Chains
1
Live yield options
44
Best reward rate
350.54%
Live since
2024
Where it runs
Available on 1 chains
Earn here · live yield options
Yields available on Velodrome V3
44 live options — yields range 0.74% to 350.54% per year, with a median of 7.44%.
-
01
velodrome-v3 - USDC-WETH OP Mainnet
USDC · WETH
Reward
10.82%
→Pool size
$3.06Million
-
02
velodrome-v3 - USD₮0-USDG Ink
USD₮0 · USDG
Reward
1.24%
→Pool size
$2.5Million
-
03
velodrome-v3 - WETH-WEETH Ink
WETH · WEETH
Reward
—
→Pool size
$2.31Million
-
04
velodrome-v3 - USD₮0-KBTC Ink
USD₮0 · KBTC
Reward
5.15%
→Pool size
$1.97Million
-
05
velodrome-v3 - USD₮0-USDC Ink
USD₮0 · USDC
Reward
1.22%
→Pool size
$1.2Million
-
06
velodrome-v3 - USD₮0-WETH Ink
USD₮0 · WETH
Reward
4.78%
→Pool size
$1.18Million
All 44 yield options on Velodrome V3 Expand →
| Option | Chain | Reward | Pool size |
|---|---|---|---|
| velodrome-v3 - USDC-WETH | OP Mainnet | 10.82% | $3.06Million |
| velodrome-v3 - USD₮0-USDG | Ink | 1.24% | $2.5Million |
| velodrome-v3 - WETH-WEETH | Ink | 0.0% | $2.31Million |
| velodrome-v3 - USD₮0-KBTC | Ink | 5.15% | $1.97Million |
| velodrome-v3 - USD₮0-USDC | Ink | 1.22% | $1.2Million |
| velodrome-v3 - USD₮0-WETH | Ink | 4.78% | $1.18Million |
| velodrome-v3 - USD₮0-GHO | Ink | 2.62% | $1.17Million |
| velodrome-v3 - WETH-WBTC | OP Mainnet | 7.73% | $1.03Million |
| velodrome-v3 - WSTETH-WETH | OP Mainnet | 1.6% | $860Thousand |
| velodrome-v3 - WETH-OP | OP Mainnet | 222.3% | $539Thousand |
| velodrome-v3 - USD₮0-USDT | OP Mainnet | 0.95% | $503Thousand |
| velodrome-v3 - USD₮0-USDC | OP Mainnet | 1.2% | $404Thousand |
| velodrome-v3 - MSETH-MSUSD | OP Mainnet | 14.52% | $389Thousand |
| velodrome-v3 - WETH-KBTC | Ink | 9.58% | $343Thousand |
| velodrome-v3 - USDC-WBTC | OP Mainnet | 19.57% | $266Thousand |
| velodrome-v3 - WBTC-TBTC | OP Mainnet | 17.38% | $251Thousand |
| velodrome-v3 - USDC-USDT | OP Mainnet | 1.06% | $236Thousand |
| velodrome-v3 - USDC-WETH | OP Mainnet | 350.54% | $216Thousand |
| velodrome-v3 - WETH-WEETH | OP Mainnet | 0.0% | $200Thousand |
| velodrome-v3 - USDC-WSTETH | OP Mainnet | 29.35% | $125Thousand |
| velodrome-v3 - USDC-DAI | OP Mainnet | 1.13% | $88.5Thousand |
| velodrome-v3 - USD₮0-USDC.E | Ink | 0.74% | $88.4Thousand |
| velodrome-v3 - USDC-MOOBIFI | OP Mainnet | 59.09% | $82.6Thousand |
| velodrome-v3 - USDC-VELO | OP Mainnet | 12.7% | $80.5Thousand |
| velodrome-v3 - ALETH-ALUSD | OP Mainnet | 36.78% | $77.4Thousand |
| velodrome-v3 - USDC-SDAI | OP Mainnet | 1.36% | $71.9Thousand |
| velodrome-v3 - USDC-OP | OP Mainnet | 18.91% | $69.9Thousand |
| velodrome-v3 - KBTC-SOLVBTC | Ink | 5.71% | $62.3Thousand |
| velodrome-v3 - USDC-USDC | OP Mainnet | 1.29% | $60.6Thousand |
| velodrome-v3 - WETH-VELO | OP Mainnet | 95.41% | $59.4Thousand |
| velodrome-v3 - WETH-TBTC | OP Mainnet | 2.17% | $53.5Thousand |
| velodrome-v3 - KBTC-USDG | Ink | 7.44% | $49.7Thousand |
| velodrome-v3 - WETH-USDC.E | Ink | 2.67% | $47.4Thousand |
| velodrome-v3 - OUSDT-WETH | Ink | 45.25% | $40Thousand |
| velodrome-v3 - USDC-OUSDT | OP Mainnet | 6.56% | $38.6Thousand |
| velodrome-v3 - WETH-OP | OP Mainnet | 3877.65% | $34.7Thousand |
| velodrome-v3 - WETH-USDT | OP Mainnet | 37.3% | $33.8Thousand |
| velodrome-v3 - USD₮0-XAUT0 | Ink | 5.52% | $24.3Thousand |
| velodrome-v3 - WETH-USDG | Ink | 0.8% | $22.8Thousand |
| velodrome-v3 - USD₮0-OUSDT | Ink | 3.62% | $22.2Thousand |
| velodrome-v3 - USDC-WETH | Ink | 19.86% | $22.1Thousand |
| velodrome-v3 - WETH-WBTC | OP Mainnet | 337.51% | $18.2Thousand |
| velodrome-v3 - USD₮0-WETH | OP Mainnet | 270.94% | $12.9Thousand |
| velodrome-v3 - USDC-SNX | OP Mainnet | 80.94% | $11.7Thousand |
How it works
Using Velodrome V3 in three steps
-
1
Pair two tokens
Pick two tokens (e.g. ETH + USDC), deposit both in equal value into the trading pool.
-
2
Earn a share of fees
Every time someone swaps through this pair, you earn a tiny cut of the fee. The more people trade, the more you earn.
-
3
Watch out for IL
If one token's price moves a lot relative to the other, you'd have been better off just holding — the gap is called 'impermanent loss'.
Read up
About Velodrome V3
Description provided by the protocol team. Always verify directly before depositing funds.
Tokens earning here
Top tokens earning yield through Velodrome V3
Same family
Other Velodrome products
These products share the brand but each is distinct code with its own deposits, audits, and risks. Pick the one that matches what you want to do.
Compare similar apps
Other dex & liquidity apps worth a look
Frequently asked
What people ask about Velodrome V3
What is Velodrome V3?
+
Velodrome V3 is an on-chain app. Decentralized exchange — earn fees by helping other people swap tokens.
Is using Velodrome V3 safe?
+
Velodrome V3 has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.
How much can I earn?
+
Right now yields on Velodrome V3 run 0.7%–350.5% per year, depending on which pool you pick and which chain you use. Rates change with demand.
Which chains does it run on?
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Velodrome V3 runs on 1 chains, including Ink. Each chain has its own fees and speeds — pick the one you already use.
Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.
See also
Terms used on this page
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Smart Contract
Code on a blockchain that runs automatically when called. DeFi protocols are smart contracts — bugs in the code can lose user funds.
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Audit
An independent security review of a smart contract. More audits and longer track record reduce — but never eliminate — code risk.
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Impermanent Loss
A loss LP providers experience when the two pool tokens diverge in price. The loss only crystallises if you withdraw at that ratio.
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Oracle
An on-chain feed of off-chain data — usually prices. Lending and CDP protocols rely on oracles to liquidate positions correctly.
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TVL (Total Value Locked)
The total dollar value of assets currently deposited in a DeFi protocol. A rough proxy for adoption and trust.